by Lee Hamilton | Jun 19, 2014 | Real Estate
On listing appointments I am often asked what changes or repairs should be made to the home. There is an endless number of items that could be done at a home, but most of them won’t make a big difference in the price of your home. Of course, the more move in...
by Lee Hamilton | Jun 18, 2014 | Real Estate
You may have heard of PITI, but many do not know what it is. It is the term that refers to your total monthly mortgage payment and stands for Principle, Interest, Taxes, and Insurance. These four things add up to make up your monthly payment. The principle is the...
by Lee Hamilton | Jun 17, 2014 | Real Estate
A common question that comes up at closing is, “What is title insurance and do I need it?” If you are financing your home, your bank will likely require it. If you are paying cash or if the bank does not require it, it is still advisable to get it. Title...
by Lee Hamilton | Jun 12, 2014 | Real Estate
Primary Mortgage Insurance, or PMI, is insurance the bank requires a borrower to get in order to secure their interest. As the borrower, or home buyer, you pay a monthly fee for this. This can increase your monthly payment significantly; over $100 in many cases. In...
by Lee Hamilton | Jun 11, 2014 | Real Estate
In almost every scenario, homeowners think their home is worth more than it actually is. We have a self serving bias that is sometimes hard to get over, even in the face of facts. To a perspective buyer, your home is just another property, but to you it is much...
by Lee Hamilton | Jun 5, 2014 | Real Estate
Whether you are buying a house or selling one, there are expenses that will be incurred. These expenses are called closing costs and are collected at the time of closing on the property. Typically, the buyer’s costs are greater. These include, but are not...
